[CPEO-BIF] Olney (IL) cleans/redevelops Roadmaster property

[Lenny Siegel <lsiegel@cpeo.org>]

City expects windfall after end of cleanup project

By Matt Courter
Olney Daily Mail (IL)
November 15, 2005

Olney City Council approved a resolution at its meeting Monday to
terminate the environmental escrow account agreement, ending the
environmental cleanup project at the former Roadmaster property.

The city will get what is left in the account after a couple outstanding
bills are paid. It will also get funds left in a Brownfields Grant
account. City Attorney Larry Taylor estimates the city could receive
approximately $1.1 million.

The termination marks the end of a more than five-year process to clean
the property and make it suitable for future development.

...

For the entire article, see
http://www.olneydailymail.com/articles/2005/11/15/news/news03.txt

-- 


Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org
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